BANK NIFTY Weekly Technical Analysis

By | March 27, 2022 6:11 pm

Last Week we gave Chopad Level 36452 Bank Nifty Bears were able to do all target on Downside so Excellent Week for Chopad Followers. Coming week we have Mercury Ingress and Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees and Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes with Monthly Expiry and Financial Year closing suggesting another big move will be seen.

BANK Nifty Harmonic Pattern

Bearish ABCD pattern formed till price below 36000 Bears have upper hand.

BANK Nifty Gann Angles

Price has bounced from Weekly Support zone.

Planetary Cycles and BANK Nifty Movements

Price rejected from weekly planneatry Resistance zone @35850-36000.

BANK Nifty Supply and Demand

Self Explanatory Chart

BANK Nifty Time Analysis Pressure Dates

28 March are the Important Gann/Astro Date for coming week.

BANK Nifty Weekly Chart

Price back to Support at Weekly AF line.

BANK Nifty Monthly Charts

Perfect Monthly Doji is forming suggesting voaltile April coming.

BANK Nifty Weekly Chopad Levels

BANK Nifty Trend Deciding Level: 35388

BANK Nifty Resistance: 35578,35768,35957,36142,36239

BANK Nifty Support: 35199,35009,34819,34630,34440

Levels mentioned are BANK Nifty Spot

As always I wish you maximum health and trading success

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